Moon of Alabama Brecht quote
March 07, 2022

To Punish Russia The 'Liberal Order' Attempts To Suicide Itself

Two days ago we looked at why Russia is doing what it does:

Russia understood Zelensky's remark in Munich as a threat by Ukraine to acquire nuclear weapons. It already has the expertise, materials and means to do that.

A fascist controlled government with nukes on Russia's border? This is not about Putin at all. No Russian government of any kind could ever condone that.

I believe that this credible threat, together with the artillery preparations for a new war on Donbas, was what convinced Russia's government to intervene by force.

The 'west' had failed to understand Russia's need to act. It has failed to make the necessary commitments, and accept Russia's reasonable demands, to avoid the struggle. In consequence it will now fall apart. The knee-jerk reaction to Russia's 'special military operation' in Ukraine will, as Alastair Crooke writes, lead to the end of the 'liberal order':

So Biden, finally, has his foreign policy ‘success’: Europe is walling itself off from Russia, China, and the emerging integrated Asian market. It has sanctioned itself from ‘dependency’ on Russian natural gas (without prospect of any immediate alternatives) and it has thrown itself in with the Biden project. Next up, the EU pivot to sanctioning China?

Will this last? It seems improbable. German industry has a long history for staging its own mercantile interests before wider geo-political ambitions – before, even, EU interests. And in Germany, the business class effectively is the political class and needs competitively-priced energy.

Whilst the rest of the world shows little or no enthusiasm to join with sanctions on Russia (China has ruled out sanctions on Russia), Europe is in hysteria. This will not fade quickly. The new ‘Iron Curtain’ erected in Brussels may last years.

But what of the unintended consequences to last Saturday’s ‘sanctions Blitzkrieg’: the ‘unknowable unknowns’ in Rumsfeld’s famous mantra? The unprecedented switch-off affecting a key part of the Globalist system did not download into a neutral, inert context – It developed into an emotionally hyper-charged atmosphere of Russophobia.

Now reality comes back to bite the inept minions who attempt to rule over us.


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Europe can not sustain this, Russia can:

In sum, the changes set out by von der Leyen and the EU, with surging crude oil costs, could potentially tip global markets into crisis, and set off spiraling inflation. Cost inflation created by energy costs spiraling higher and food disruptions are not so easily susceptible to monetary remedies. If the daily drama of the war in Ukraine starts to fade from public view, and inflation persists, the political cost of von der Leyen’s Saturday drama is likely to be European-wide recession.

“Since well before the Russian invasion of Ukraine, Europeans have been struggling under the weight of runaway energy bills”, OilPrice.com notes. In Germany, for some, one month’s energy costs the same as they used to pay for a whole year; in the UK the government has raised the price cap for energy bills by a whopping 54%, and in Italy a recent 40% domestic energy cost hike could now nearly double.

The New York Times describes this impact on local businesses and industries as nothing short of “frightening”, as all kinds of small businesses across Europe (prior to last week’s events) have been forced to cease their operations as energy costs outweigh profits. Large industries have not been immune to sticker shock either. “Almost two-thirds of the 28,000 companies surveyed by the Association of German Chambers of Commerce and Industry this month rated energy prices as one of their biggest business risks … For those in the industrial sector, the figure was as high as 85 percent.”

And it is not only Europe. Energy prices are based on global markets. As are the prices for many other minerals and metals which have suddenly become rare:


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The U.S. will be hit just as much as Europe. Early today oil prices in Europe hit $139 per barrel, well above last week's market close. They will increase further. Gasoline prices in the U.S. will soon hit $6-7-8 per gallon.


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The attempt by the U.S. to rush towards a new Iran deal to get Iranian oil flooding the markets has failed. Russia, together with Iran, has successfully blocked that move. Sanctions on Russia mean that Iran can not export its enriched uranium to Russia to be turned into nuclear fuel. No Iranian export of enriched uranium means no JCPOA deal. Secretary of State Blinken has failed to understand that. The supposedly ready to be signed return to the nuclear deal is now in jeopardy.

Some U.S. refineries at the south coast are designed to only process heavy oil variants. Since 2019 the U.S. has blockaded heavy oil imports from Venezuela and replaced them with imports of heavy Ural variants from Russia. It has now send too officials to Caracas to try to get Venezuela's oil flowing again. That would of course require to lift all sanctions off Venezuela and to return all confiscated companies and the gold that is owned by that country. It is not going to happen anytime soon.

High end German cars are build with aluminum from Russia. Boeing needs Russian titanium to build planes. These manufacturers will soon start to lay off people. All this while food, heating and mobility costs will increase dramatically. A deep recession combined with strong inflation will rip social cohesion apart. I do expect strong anger in the streets of Europe and the U.S. There will be riots and in consequence a strong political move to the right. The mid-term elections will destroy the Russophobic Democrats.

Michael Hudson notes the immense strategic damage the U.S. has done to itself:

The recent escalation of U.S. sanctions blocking Europe, Asia and other countries from trade and investment with Russia, Iran and China has imposed enormous opportunity costs – the cost of lost opportunities – on U.S. allies. And the recent confiscation of the gold and foreign reserves of Venezuela, Afghanistan and now Russia, along the targeted grabbing of bank accounts of wealthy foreigners (hoping to win their hearts and minds, along with recovery of their sequestered accounts), has ended the idea that dollar holdings or those in its sterling and euro NATO satellites are a safe investment haven when world economic conditions become shaky.

So I am somewhat chagrined as I watch the speed at which this U.S.-centered financialized system has de-dollarized over the span of just a year or two. The basic theme of my Super Imperialism has been how, for the past fifty years, the U.S. Treasury-bill standard has channeled foreign savings to U.S. financial markets and banks, giving dollar diplomacy a free ride. I thought that de-dollarization would be led by China and Russia moving to take control of their economies to avoid the kind of financial polarization that is imposing austerity on the United States. But U.S. officials are forcing them to overcome whatever hesitancy they had to de-dollarize.

This will not just happen with China or Russia but the whole world will over the next years turn away from the dollarized U.S. system:

Nobody thought that the postwar 1945-2020 world order would give way this fast. A truly new international economic order is emerging, although it is not yet clear just what form it will take. But “prodding the Bear” with the U.S./NATO confrontation with Russia has passed critical-mass level. It no longer is just about Ukraine. That is merely the trigger, a catalyst for driving much of the world away from the US/NATO orbit.

The next showdown may come within Europe itself as nationalist politicians seek to lead a break-away from the over-reaching U.S. power-grab over its European and other Allies to keep them dependent on U.S.-based trade and investment. The price of their continuing obedience is to impose cost-inflation on their industry while relinquishing their democratic electoral politics to subordination to America’s NATO proconsuls.

These consequences cannot really be deemed “unintended.”

All the consequences of the 'west's' reaction to Russia's move were foreseeable. It is pure recklessness and stupidity that have allowed them to take place. The 'west' will now get punished for the bad movie it has launched.


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Too bad that I don't speak Russian ... It is now the place to be.

Jimmy Salford @1Fubar - 7:06 UTC · Mar 6, 2022

Russia has already been cut off from CNN, Pornhub and Facebook. The US is now working on depriving Russians of MacDonalds and CocaCola. If they keep going with these sanctions, Russians will soon be among the healthiest, well adjusted and best informed people on the planet.

Posted by b on March 7, 2022 at 14:17 UTC | Permalink

Comments
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I heard from a podcast that legislators in various who weren't voting for sanctions were being threatened as though the US State Department were the CIA: "we know your address and where your children live". Sorry, I forget which podcast it was.

Posted by: Manage without me | Mar 7 2022 14:21 utc | 1

sorry, that should be "legislators in various countries"

Posted by: Manage without me | Mar 7 2022 14:23 utc | 2

Nickle +60% today.

46700. Ouch! for EV batteries.

Posted by: too scents | Mar 7 2022 14:25 utc | 3

Meanwhile the Australian government is determined to pick a fight with China.

"Australian Prime Minister Scott Morrison has called on China to end its “chilling silence” over Russia’s offensive in Ukraine, stating that “no country in the world will have a bigger impact” on bringing the conflict to an end.

Speaking at the Lowy Institute think tank in Sydney on Monday, Morrison warned that, without Beijing directly condemning Moscow’s actions, the world risks being reshaped by an “arc of autocracy” due to China and Russia’s relationship."

Posted by: Republicofscotland | Mar 7 2022 14:29 utc | 4

If the MSM is any indication
people have widely bought into supporting the Nazis.

Can't trust the MSM. How strong *is* the actual support for Ukrainian Nazis?

Posted by: librul | Mar 7 2022 14:32 utc | 5

The last OSCE monitors are leaving Ukraine let the psy-ops crimes against humanity and false-flag operations begin by the Ukrainian Nazis.

Posted by: Republicofscotland | Mar 7 2022 14:34 utc | 6

Its been reported that Nato allies and European countries are sending so much equipment to an airstrip near the border with Ukraine, that seventeen flight a day are landing at it, all packed with equipment meant for the Ukrainian forces.

Posted by: Republicofscotland | Mar 7 2022 14:38 utc | 7

US can defend itself from side effects relatively much better than EU. Can ban or throttle oil exports from North America. The cost of heavy oil is a fraction of total, and is bearable. Furthermore, US Treasury dept is allowing US companies to buy Russian oil provided they use a non sanctioned corresponding bank wo can also do business with Russia. Per reports, in practice this means a HK or mainland Chinese bank. Natural gas export is already maxed out and is non a problem in North America, in fact a big relative advantage vs EU.

All these things embolden Washington. Fewer reasons to refrain from escalating.

Markets are just reaching the pain point. EU vs East Asian natural gas futures prices, looking ahead to end of 2022, have now diverged, with a cost advantage to East Asia emerging. As anticipated, now real. This is a globally strategic impact.

Furthermore, China gets an possible energy cost advantage vs Korea and JP, depending on whether they want to please Biden administration or whether they prioritize making money.

Some of the persian gulf monarchies seem to have figured out which way the wind is blowing, and trying to be neutral to please China. Tel Aviv and Dubai angling for a slice of the international banking pie, which used to be EU and UK's.

None of this can stop the fighting unfortunately. Ukraine has to remove the ultra-nationalists who seem to hold the country hostage, because they very much seem determined to provoke a NATO-Russia war. US leadership is, by all indications visible to the public, willing to prolong the conflict to punish Russia, with barely any regard for risks and side effects.

Posted by: ptb | Mar 7 2022 14:39 utc | 8

At some point, I think it might be 2040 or 2050 at the latest China will become as wealthy as the US.

Since the whole point of the Amerikkkan Empire is to prevent that from happening, war is absolutely inevitable, and in fact has already begun. When the Americans figure out they are losing, they will start to fight dirty: assassinations, false flags, attempts to recognise Taiwan as an 'independent' country (i.e. the invasion of Taiwan), 'help' to the Ukraine (i.e. the American invasion of Ukraine) and so on.

It is more than likely, probably even, one might say, that war might actually break out between the United States and Russian/China in the next 5-10 years (perhaps much much sooner) and that this war will be a nuclear war.

Posted by: Hidari | Mar 7 2022 14:39 utc | 9

It is more than likely, probably even, one might say, that war might actually break out between the United States and Russian/China in the next 5-10 years (perhaps much much sooner) and that this war will be a nuclear war.

Posted by: Hidari | Mar 7 2022 14:39 utc | 9


The reason why I think this is likely is that empires always go down fighting. And the US is the first empire that will go down which possesses nuclear weapons. There are some people in the US who think that if the US does not exercise control over the planet, it is better that the world no longer exist. This is Satanic.

Posted by: WJ | Mar 7 2022 14:44 utc | 11

@5

If one looks at the war aims of the Axis powers, they are not that dissimilar from those of the current Amerikkkan Empire. Hitler wanted to 'cut up' and 'neutralise' Russia. Japan wanted the same (had Hitler won Operation Barbarossa, Japan would have immediately invaded Russia from the East). Japan also wanted to destroy or at least 'neutralise' China. Italy, on the other hand, wanted control of the 'middle east' and North Africa.

Pretty much the same as what the current Yankee Empire wants. The Yanks have always looked favourably at Nazis, from Operation Paperclip onwards, through support from the South American terror states, support for Ukrainian Nazis from the 1950s onwards, current support for Eastern European fascism, and so on.

Posted by: Hidari | Mar 7 2022 14:44 utc | 12

all packed with equipment meant for the Ukrainian forces.
Posted by: Republicofscotland | Mar 7 2022 14:38 utc | 7

---

It will work just as well in Africa.

Posted by: too scents | Mar 7 2022 14:46 utc | 13

t is more than likely, probably even, one might say, that war might actually break out between the United States and Russian/China in the next 5-10 years (perhaps much much sooner) and that this war will be a nuclear war. Posted by: Hidari | Mar 7 2022 14:39 utc | 9

Actually, this is part of the plan - though I forecast it is more likely before 2024 elections....next year or spring 2024.

US can defend itself from side effects relatively much better than EU.
Posted by: ptb | Mar 7 2022 14:39 utc | 8

Sort of true, but only relatively speaking. US of A is a lot weaker than people realize, and if this goes on much longer US o A will have more to worry about than mid-term elections. Then again, this is really all part of the plan - to destroy the US of A to bring them into the NWO once and for all - one global government with global socialism, led by global corporations & their oligarchs. Russia and China are resisting the NWO, which is why war in inevitable. Just a matter of when, not if.

Posted by: drshivago | Mar 7 2022 14:55 utc | 14

Civilians in the newly liberated Donbass village of Granitne seem happy to no longer be under control of Ukraine forces.

Posted by: farm ecologist | Mar 7 2022 14:58 utc | 15

@11

'The reason why I think this is likely is that empires always go down fighting. And the US is the first empire that will go down which possesses nuclear weapons.'

Yes. What the Americans need is a Gorbachev figure, to tell them that the game's up and they are better off just meekly surrendering. But I don't see any sign of that, at least at present. The Republicans are, well, the Republicans, and the ironically named 'Democrats' are just as war-hungry as the Republicans and in some respects (i.e. vis a vis Russia) more so. Every single elected official in both of the main parties (with the exception of the groupuscule round Ron Paul, who are politically insignificant) are totally and completely committed to the continuance of the Amerikkkan Empire, permanently (i.e. a thousand year Reich). I don't see that changing any time soon.

So yeah. I think the end of the American Empire will be more similar to Downfall, with whatever President happens to be in power, raging and screaming in his bunker than Gorbachev's meek acquiescence in the inevitable.

Posted by: Hidari | Mar 7 2022 14:59 utc | 16

Civilians who don't make use right away of humanitarian exit corridors made available to them by Russian Military are putting their lives in grave danger.

The lying mainstream media are claiming the Russians are targeting civilians exiting cities, but where's the logic in that? Why would the Russians want to scare civilians into not leaving, when it's so much harder for them to go after Ukrainian fighters if there are civilians in the way? The media's narrative is ridiculous and they never back it up with proof only taking the word of Ukrainian elements ready to point fingers.

So it's very obvious who's shooting at civilians trying to flee combat areas. Ukrainian fighters need civilians as human shields to save their own skins, so they're trying to stop them from fleeing by any means including complicity with the media.

The lying ass media is complicit in scaring civilians out of using humanitarian corridors. The U.S. media wants the Ukrainians to be the sacrificial pawns of USNATO and to use them as fodder for their weaponized reporting and propaganda war.

The U.S. media need to feed their anti-Russian narrative at the expense of Ukrainian civilians lives. The U.S. media want civilians to hang around, resisting until the last one is standing because it's great for their ratings that this operation be prolonged with as much hype, sensationalism and misery as possible.

The action in Ukraine knocked the sagging 24/7 Covid marathon off the screens; so they need to milk and squeeze the conflict in Ukraine to the last drop of blood and cash in on the ratings bonanza.

That's how disgusting the mainstream media is.

Posted by: Circe | Mar 7 2022 15:01 utc | 17

@Hidari #9

You said

It is more than likely, probably even, one might say, that war might actually break out between the United States and Russian/China in the next 5-10 years (perhaps much much sooner) and that this war will be a nuclear war.

I disagree 100%.

The reliance on economic warfare - including going the last inch with a SWIFT cutoff - is a clear act of desperation.

US and EU populations have zero interest in being used up in a bloody war; US and EU militaries have no capability to contest Russia and China on their own soil or even in their bordering states.

By the time the US could theoretically move sufficient military power to attempt to do so - the November election in the US will have completed and the usual fighting due to the resulting power shifts accompanying US Congressional power shifts will shut down any possibility of consensus over further action.

Don't mistake PMC / social and economic oligarch yapping for reality in those areas any more than you should be mistaking MSM / social and economic oligarch yapping on the military situation in Ukraine being anything but an utter and abject failure of 2 decades of US/EU policy in Ukraine.

Posted by: c1ue | Mar 7 2022 15:12 utc | 18

Think Russia will install their Russian friendly govt. in Ukraine, and withdraw, but, not till' that happens.

Meanwhile, we'll all wait and see about prices for fuel, and other commodities.

As the rich, get richer, us nobodies can only wait.

STILL hoping for a multi-polar world....

Posted by: vetinLA | Mar 7 2022 15:13 utc | 19

Russia has published a list of enemy countries.

The Russian government has compiled a list of foreign countries and territories that are taking hostile actions against Moscow, the government’s press service said.

The list includes: Australia, Albania, Andorra, Great Britain (including Jersey, Anguilla, British Virgin Islands, Gibraltar), European Union member states, Iceland, Canada, Liechtenstein, Micronesia, Monaco, New Zealand, Norway, South Korea, San Marino, Northern Macedonia, Singapore, United States, Taiwan, Ukraine, Montenegro, Switzerland, and Japan.

Time for Russia to sanction all these miserable vassals of the US Corporate Fascist state.

Posted by: Cerena | Mar 7 2022 15:14 utc | 20

One of the reasons Russia left internet working in Ukraine so the people can see what "their" military and nazis are doing to the people. When this is over, I suspect majority will not support their current government even a bit, and will be glad to start with new one.

Regarding Europe, if anything history taught us is that in time like this (heavy economic recession, "foreign" enemy - Russia, hight immigration, right wing parties getting popular) - is that majority of European countries will show its true fascist/nazi roots. So, lot of right wing stuff, fascism, cleansing of brown undesirable people from streets or nations deemed inferior/enemy.

So it will become 1920s and 1930s shitshow for most of Europe, and let us knot forget, not only Germany and Italy was fascist then.

Posted by: Abe | Mar 7 2022 15:19 utc | 21

There are too many heavy weights in a cage fight. Once they got themselves in the cage there is no way out.

There will be blood, unfortunately it will not be "their" blood, but their citizens.

The woke will not be saved by their cell phones, facebook page, instagram or twitter accounts!


‘Cry ‘Havoc!’ And Let Slip The Dogs Of War. Shakespeare

These plunderers of the world [the Romans], after exhausting the land by
their devastations, are rifling the ocean: stimulated by avarice, if their
enemy be rich; by ambition, if poor; unsatiated by the East and by the West:
the only people who behold wealth and indigence with equal avidity. To ravage,
to slaughter, to usurp under false titles, they call empire; and where they make
a desert, they call it peace. Tacitus

Posted by: James Cook | Mar 7 2022 15:19 utc | 22

Posted by: Hidari | Mar 7 2022 14:39 utc | 9

From a Chinese analyst:

"For us in the unification war, when that day does come, can we do better?... The war we are going to fight is much more complicated than the Kharkov Offensive... As for our future unification war, I personally feel that there is no comparison."

So they are watching closely at the details. Would be very interesting to hear about their view of the bigger picture (US, NATO, ...)

Posted by: zet | Mar 7 2022 15:20 utc | 23

I'm not sure Russia is the place to be right now. I wonder if there is a safe place at all. The Biden administration is obviously hell-bent on taking the conflict with Russia to extremes. It could very soon no longer be just about economics, depending on at what move Putin takes as a declaration of war. For instance, if attempts are made to transfer Polish MIGs to Ukraine...

Putin has already made it clear that he is determined to go to any lengths. Those who did not know it yet now know that he is not bluffing. Recently he said that a world without Russia has no value. That is quite clear. Not surprising after more than 20 years of humiliation by the West. The only question now is how far the old man and his blink are willing to go. I fear their hubris will be stronger than their intellect.

Posted by: Pnyx | Mar 7 2022 15:21 utc | 24

Russian 'aggression' is required for US 'strategery' to work. To build up forces on the line of contact, to increase the shelling and murder of ethnic Russians in the 'breakaway' region, to make noise about re-taking Crimea, to suggest Ukraine pursue 'the bomb'; all of these things were ever increasing pressure to force Russia's hand to act militarily.

The results the US is looking for is exactly what you see. The final demonization of Putin's Russia, and a clean break of both trade and diplomatic relations. And a Nuclear Curtain.

This hot war is all about maintaining Economic Superiority by force because left to the market system, the USA would face a collapse to make the collapse of the USSR look like prosperity.

Thanks to the Yanks saving the world for 'freedom' in WWII, the world is now held hostage or enslaved with demands of perpetual tribute by a pig with lipstick and no clothes.

US leadership is only outdone in its corrupt incompetence by a slim majority of people so dazed and confused that they unquestionably believe what they hear and do what they are told.

Posted by: gottlieb | Mar 7 2022 15:22 utc | 25

In the past few years, the U.S. burned bridges with China, Iran and Venezuela. Additionally, inflation is high and there's no easy fix. I'm sure all this was factored into the calculated plan for Russia's Military Operation in Ukraine. The risk was measured and the moment ripe.

Posted by: Circe | Mar 7 2022 15:23 utc | 26

That's how disgusting the mainstream media is.

Posted by: Circe | Mar 7 2022 15:01 utc | 17

Lot more disgusting - the outright fantasies that Ukraine is really, really, really, really resisting well. The post is here: https://voxday.net/2022/03/07/russia-defeated-glory-to-ukraine/

If you read this post, Russia should be about finished and US of A and NATO can just take a leisurely drive to Moscow to remove the current management and install new management. I really don't know who would believe this, because the actions the RF is currently undertaking does not even remotely match what is being said (i.e. not much escalation or change in plan of the RF nor new weapons systems coming on board at the moment)

Posted by: drshivago | Mar 7 2022 15:24 utc | 27

In English, you do not suicide yourself, as you do in other languages. In English, you commit suicide.

Posted by: Jon | Mar 7 2022 15:24 utc | 28

I got this. Don’t worry.

Posted by: Vlad P | Mar 7 2022 15:26 utc | 29

To continue on my previous post, rise of fascism in Europe will have one positive side effect.

It will also mean rise of nationalism in countries and awareness of ones country history (how ever wrong or rewritten it may be). Old border disputes and debts to settle with neighboring states will be topic again. EU member states will use deadly police force in attempt to curtail it (fascist methods against right wing protesters), which will of course, only strengthen fascism overall.

In atmosphere like that, chances for EU (and NATO) to remain functional are near nil. EU will break much sooner, followed by NATO IMO.

Posted by: Abe | Mar 7 2022 15:29 utc | 30

A la Alistair Crooke: Germany and the US siding with the New Nazis, well, read 'em and mortally weep. For your own affiliations.

Posted by: elmagnosr | Mar 7 2022 15:29 utc | 31

Ironically, the huge rise in fuel prices has also set back efforts to limit climate change. That's because avoiding Russian gas means a delay in phasing out the burning of coal, which produces far more greenhouse gases.

Germany is supposed to be the role model for renewable energy, but about 30% of its CO2 emissions come from coal-powered electricity plants. A number of German politicians have said in the past week cast doubt on the target of ending coal use by 2030. The economy Minister Christian Lindner, as well as the prime ministers of Saxony, Thuringen and Brandenburg see that as unlikely.

So contrary to what some climate activists have been saying, the use of Russian natural gas is at least part of an intermediate solution in tackling climate change.

Posted by: Brendan | Mar 7 2022 15:35 utc | 32

At least, coming massive economic crisis across Europe will have one good side-effect: this should kill once and for all the woke trend and push it into the dustbin of history - both because most people will at long last have real worries and not imaginary ones, and because the push to the right definitely won't help further spread of this degenerate mental sickness.
If eventually people develop some kind of immune response against all the ideological shit coming from the USA - be it uber-liberalism in the 70-80s or cancel culture and identity politics nowadays -, then it'll be a good outcome, amidst a sea of tears.

Posted by: Clueless Joe | Mar 7 2022 15:36 utc | 33

Then again, this is really all part of the plan - to destroy the US of A to bring them into the NWO once and for all - one global government with global socialism, led by global corporations & their oligarchs. Russia and China are resisting the NWO, which is why war in inevitable. Just a matter of when, not if.

Posted by: drshivago | Mar 7 2022 14:55 utc | 14

The ignorance in this post is astounding, emphasis mine.

As if it wasn't enough with current-day cold war bullshit, there are people regurgitating the fantasy that atlanticist liberalism and socialism are the same thing.

Just as last week or so a certain idiot was regurgitating crypto-nazi talking points that "no, hitler was totally hard left, trust me bro".

Really, ignorant doesn't even begin to cover it; it requires a purposeful dismissal of the historical trajectory of liberalism, classical economy, neoclassical economy, and marxism; in their economic, theoretical, political and international developments.

It's preposterous.

Posted by: BadNews | Mar 7 2022 15:42 utc | 34

I agree with this MOA article. Leading politicians in Europe should all go to prison. Stoltenberg is a Quisling puppet, he should count himself lucky that Quisling's fate is no longer an option.

US politicians? Go to hell.

Posted by: Norwegian | Mar 7 2022 15:43 utc | 35

News is breaking that Izyum has been taken by the Russians.

Posted by: Boo | Mar 7 2022 15:45 utc | 36

So, as one prays for those civilians caught in the cross-hairs, and for the US to be seized suddenly with sanity, what does one do with one's humble retirement funds?

Posted by: Gulo | Mar 7 2022 15:48 utc | 37

Posted by: Gulo | Mar 7 2022 15:48 utc | 37

Long wheat stocks! Buy, Mortimer, buy!

Posted by: Arch Bungle | Mar 7 2022 15:51 utc | 38

Interesting to read about vdL ancestry on both sides of the family united in Nazism

I find the "discretion" about German family history in politics as in everyday life revealing....."what did your grandparents do during the war ?" Then again, we have seen in recent years the emergence of the "inner Nazi" in Germany........it has become very apparent.

EU is unravelling - it is a generator of negative economic growth and declining shares of global trade. Merkel once pointed out it had 6% global population and 25% global welfare spending - nowhere else on earth does the Unskilled live so well.

It is unravelling fast and stupid politicians with their literature degrees or law studies fail to comprehend GDP growth correlates inversely with energy input prices

Posted by: Paul Greenwood | Mar 7 2022 15:55 utc | 39

Clueless Joe @33:

The real world is very persistent. It never stops trying to assert itself. When reality insists, then delusion crumbles. The wailing in despair, gnashing of teeth, and rending of garments that we saw back in November of 2016 will be nothing compared with the demonstrations of anguish coming up. The more desperately people cling to their delusions the more painful those delusions are to let go.

Posted by: William Gruff | Mar 7 2022 16:00 utc | 40

I would proffer that the west is not fighting entirely an economic war. Its a Psycho war by economic AND cultural means. There is a belief that very deep in the Russian psyche is a desire to be accepted by Europe, and that this is the precise reason Russia has been slow on such things as import substitution: That Russia doesn’t really believe they can do many things better: That they self-perceive as a bunch of peasants.

Gorby is believed to be the most recent successful manifestation of this. Before that, maybe Peter the Gr8.

The west is taking a tactical economic hit in order to win, what they perceive as, a strategic psycho victory. Feel the pain!

But Russia has laid the ground well for western rejection, this time around: Not without good reason.

Best regards, Shyaku.

Posted by: Shyaku | Mar 7 2022 16:01 utc | 41

Thanks b. It took some time to digest the unfolding debacle.

USUKEUNATO leaderships thought Mr. Putin has been bluffing these 14 years. Now we little people will pay for their ignorance.

Real Inflation January readout per ShadowStats is 15%
Fasten Belts. Hyperinflation –“Buy it Now” is the new normal.

Hungary bans the export of wheat. Compounding the shortages due weather worldwide - what price the loaf of bread when there is none?

Reuters: Food prices jump 20.7% yr/yr to hit record high in Feb. U.N. agency says:
https://www.reuters.com/world/food-prices-hit-record-high-february-un-agency-says-2022-03-04/?taid=62237c2407024b0001560037


10:30 AM EST Wheat Futures up US$$85 /ton
https://finviz.com/futures.ashx

Some financial analysts see USD$8-10/gallon at the pump. One CA gas station is already at $7.for Regular.

And the pain in EU is beginning.
March 6:

https://sputniknews.com/20220307/european-gas-futures-hit-historic-maximum-at-2500-per-1000-cubic-metres-1093651453.html

Earlier, gas futures prices in Europe jumped by 30%, reaching a high of $2,400 per 1,000 cubic metres on 4 March, according to the ICE exchange.
Soaring European gas futures have hit a historic maximum, surging beyond $3,600 per 1,000 cubic meters, according to London-based ICE exchange.

As expected, John Helmer is reporting on “Putin Surge” in opinion Polls :

http://johnhelmer.net/russian-opinion-polls-show-support-for-kremlin-was-surging-before-the-military-operation-began-and-has-continued/#more-47646


Nationwide polls revealed brimming Russian confidence in the future and also in the political leadership of the country in the month of February, before the announcement by President Vladimir Putin of the military operation against the US plan of attack in Ukraine.  
The single largest jump in confidence in Putin and in Prime Minister Mikhail Mishustin was registered in the week of February 20 to 27; that’s between Putin’s speech of February 21 announcing the US plan of attack and Russian recognition of the Donetsk (DPR) and Lugansk (LPR) people’s republics, and his speech of February 24 initiating the full-scale operation to demilitarize the Ukraine.

The first, and so far the only Russian poll to have been taken on the operation itself and published on March 5, shows  84% public support for the army, the highest level ever recorded; and 71% approval for the operation in the Ukraine. Disapproval was reported by one in five Russians, 21%.  The poll was taken by telephone last week, and was published by the All-Russian Centre for the Study of Public Opinion (VTsIOM) on March 5.  

The KluasSchwab emergency meeting is underway.
Btw, I'm not a newbie at MoA.

Posted by: Likklemore | Mar 7 2022 16:01 utc | 42

Arming Ukrainians or just dumping junk?

Anti Aircraft Missiles Germany OFfered Don't Work

A shipment of 1,000 anti-tank rockets and 500 fully operational US-made Stinger anti-aircraft missiles was safely delivered this week.

Berlin announced this week that it plans to follow it up with a delivery of 2,700 of the Strela missiles.

But it has now emerged that 700 of the missiles are so badly damaged they are no longer operational.

The German defence ministry was reportedly surprised by the government announcement, because the Strela missiles were declared obsolete and placed in storage in 2014. They are at least 35 years old and had been declared unsafe.

Posted by: c1ue | Mar 7 2022 16:02 utc | 43

SE Asia/ASEAN: No on sanctions (outside of Singapore)

Aside from the casting of diplomatic votes, however, the response from Southeast Asian governments has been diverse — and, some say, muted. Singapore made the rare decision to impose sanctions on Russia, and Indonesia quickly criticized the actions of Russian President Vladimir Putin. The Philippines, a US treaty ally, flip-flopped and described itself as neutral. Meanwhile, Thailand and Malaysia have remained quiet.

Posted by: c1ue | Mar 7 2022 16:05 utc | 44

Fallout, "Russia-Ukraine conflict spurs more sentiment in France to leave NATO":

"Jean-Luc Melenchon, a far-left French presidential candidate on Sunday called for leaving NATO, an organization which he labeled as useless on Twitter. Melenchon is not the only candidate questioning the transatlantic bloc. French far-right presidential candidate Eric Zemmour in December also expressed that he wanted to withdraw France from NATO. Furthermore, Marine Le Pen, another far-right presidential candidate, announced in February that France will leave NATO if she wins the elections.

"Three of the five leading French presidential candidates are critics of the US-led transatlantic alliance. France's reasons for wanting to leave NATO are not groundless."

Then there's the off-his-rocker French Economic Minister who said France will wage "Total Economic War" against Russia and 48 hours later ate his words. The French presidential elections are next month and will certainly go into the second round, while the economic crisis continues unabated.

IMO, it will take more than France exiting NATO to implode that institution. Russia's security demands that it will now impose instead of negotiate has a good chance of being that catalyst. Remember, the most important demand was rolling back of NATO to its 1997 status. That will be done. How is open to debate.

Posted by: karlof1 | Mar 7 2022 16:06 utc | 45

Turkey imports 70% of its wheat from Russia

Posted by: c1ue | Mar 7 2022 16:08 utc | 46

Today is the first day of Orthodox Lent. It is the same for all Orthodox, old and new calendar. It is also my middle daughter's birthday - and when my youngest daughter was born, she was born on the first day of Lent (the calendar moves around.)

In monasteries near the desert, the monks would have a service before entering the desert for the forty days of Lent. Because some might not return after this ordeal, they would sing the Easter hymns before departing. I imagine many of the Russian troops also celebrate a little bit of Easter on this day. Surely that will be happening. It might bring solace to those who are still imprisoned in the cities. Please sing loudly!

And we begin to say Saint Ephriam's prayer for Lent, which has the line: "...Grant me to see my own errors, and not to judge my brother..."

O Lord, cleanse me, a sinner

Posted by: juliania | Mar 7 2022 16:08 utc | 47

There is no loyalty between zero-sum nations: Sure, they may conspire to take down Russia and China, but they'd gladly have others to do the fighting, and will turn on each other if they sense blood. This is why Germany is one of the leading country trying to get Ukraine into NATO, to get America to fight Russia for them.

One of the misconceptions is that the financial destruction of Europe is a fail state for America. The U.S. doesn't care about the incoming economic disaster in Europe, it wins either way:
- Only the plutocrats will be able to escape, taking much of their riches with them, and they certainly won't be emigrating to Russia or China.
- Whatever is left of Europe will be heavily dependent on America, making it a de facto colony.
- China's trade route to Europe is going to be a lot less profitable due to the loss of independence and economic destruction.

Posted by: Sid Victor Cattoni | Mar 7 2022 16:09 utc | 48

I'm hearing that the Federal Reserve is distancing itself from the decision to "sanction" the Russian Central Bank, saying it was not consulted.

How can this possibly be true?

Doesn't "private finance" rule over everything? Who could possibly have the power to put the Fed back in its box?

Any experts here?

Posted by: John Cleary | Mar 7 2022 16:12 utc | 49

Russia Foreign minister Sergey Lavrov, answers question from the Western media, and tells it like it is, I doubt any Nato or EU leaders would allow such a Q&A session, with the Russian media, simply because they'd need to lie through their teeth constantly.

https://thesaker.is/foreign-minister-sergey-lavrovs-interview-with-tv-channels-rt-nbc-news-abc-news-itn-france-24-and-the-prc-media-corporation-moscow-march-3-2022/

Posted by: Republicofscotland | Mar 7 2022 16:17 utc | 50

I also want to tell folk who cannot access Putin's last speech to the aviator women that reading late last night Saker's wrap up of events in Ukraine for Sunday, at the near end of comments there the commenter 'Wolf'printed out the text. I hope it will have been disemminataed broadly since then - I have not gone back to look. An airwoman asked Putin to explain why he had entered Ukraine, so his answer is another careful telling of how and why that came about. As a comment it is long, but not a long read.

To the troops, Christos Voskrese!

Posted by: juliania | Mar 7 2022 16:17 utc | 51

Likkelymore @42--

One of the benefits of the coming Multipolar world will be the demise of the WEF and its Neoliberal Nazis.

drshivago @14--

Additional fallout along with the WEF's demise is the drive to attain the Great Reset that was supposed to further solidify the hold of the New World Order which will now join the fate of its primary sponsors. The People Centered Development philosophy championed by Xi, Putin and the Global South will eventually become the global norm--a wholly different form of socialist transformation as Neoliberalism sinks beneath the waves into the abyss of its making where it belongs.

Posted by: karlof1 | Mar 7 2022 16:18 utc | 52

@Posted by: Cerena | Mar 7 2022 15:14 utc | 20

The only unfriendly country that caught my eyes was Singapore. The perennially self-serving, wedgie loving fence sitter.

But looking at its military equipment and its own MIC (hint: all US) their arms were probably twisted into a pretzel....

...Once you've sold your soul to the devil...

Posted by: A.L. | Mar 7 2022 16:18 utc | 53

John Cleary | Mar 7 2022 16:12 utc | 49 "Doesn't "private finance" rule over everything? Who could possibly have the power to put the Fed back in its box?"

CIA. Media control and compromising pics ect would work wonders.

Posted by: Peter AU1 | Mar 7 2022 16:19 utc | 54

“China's trade route to Europe is going to be a lot less profitable due to the loss of independence and economic destruction.“ #48

Land route to Europe for Chinese goods is going to be much easier now that Russia controls territory of Ukraine. Cargo trains can rich European Union border without much delays. Chinese goods will still be much more competitive for most Europeans.

Mind you, completely unconnected point. One country that is making absolute killing now is Norway. They will walk away with billions.

Posted by: Milos | Mar 7 2022 16:20 utc | 55

Time to move to Kalingrad

Posted by: Andrew | Mar 7 2022 16:24 utc | 56

Putin turning the screw for a change, as gas prices and the cost of a barrel of oil skyrockets. EU citizens who are screaming for Russian blood right now will eventually be screaming for a change of government in their respective countries as the cost of living bites, the Western ruling politicians have sealed their own fates.

"Russian companies wishing to work with firms from countries which oppose Moscow’s military operation in Ukraine will have to receive government permission for the deals, the press service of Russia’s Ministry of Finance said on Monday. Permission will be granted by the Government Commission for the Control of Foreign Investments. It includes representatives from Russia’s Central Bank (Bank of Russia) and the presidential administration.

According to the resolution establishing the procedure, which was signed by Prime Minister Mikhail Mishustin, a Russian resident company or foreign company from an “unfriendly state” must apply for permission for any business deal."

Posted by: Republicofscotland | Mar 7 2022 16:24 utc | 57

Posted by: juliania | Mar 7 2022 16:17 utc | 51

Sorry, juliania, this is usually said on the Sunday morning of Easter, not now.

Posted by: Boo | Mar 7 2022 16:27 utc | 58

I mentioned Ukraine to a friend, and she replied "oh, I don't pay much attention to the news ... what do you think about Putin killing children?"

Americans are the most heavily propagandized and brainwashed people on the planet.

Posted by: Trisha | Mar 7 2022 16:27 utc | 59

Likklemore | Mar 7 2022 16:01 utc | 42

"...what price the loaf of bread when there is none?"

All "money" has value totally dependent on the availability of food, including potable water and usable oxygen.

I.e., if food cannot be had, there is no workable "money". Gold, silver, fiat have no value unless food is available to be consumed to prevent certain death.

Essentially, the first "money was, and remains, food.

Posted by: chu teh | Mar 7 2022 16:27 utc | 60

@Milos | Mar 7 2022 16:20 utc | 55

Mind you, completely unconnected point. One country that is making absolute killing now is Norway. They will walk away with billions.

You mean someone will walk away with those billions.

Posted by: Norwegian | Mar 7 2022 16:27 utc | 61

Lavrov in good form...
" Do not forget to look at what was said by my colleague, Foreign Minister of France Jean-Yves le Drian. He loves to show off, you know. The rooster is a national symbol of France. They often get cocky. During one of his chats with the world, he said Vladimir Putin must remember that France also has nuclear weapons."

Posted by: Peter AU1 | Mar 7 2022 16:31 utc | 62

@karlof1 | Mar 7 2022 16:18 utc | 52

One of the benefits of the coming Multipolar world will be the demise of the WEF and its Neoliberal Nazis.

If that can be achieved in reasonable time, I am willing to take some hard time for it. In fact, so far it has been two years of terror, so I am not sure it will be any worse.

Posted by: Norwegian | Mar 7 2022 16:31 utc | 63

@63 Norwegian | Mar 7 2022 16:31 utc

Off-topic, but I hope you can skim through the current "Week In Review (NOT Ukraine)". There's a Tess Lawrie film you will appreciate. And the Pfizer data is discussed a little.

Posted by: Grieved | Mar 7 2022 16:35 utc | 64

Sid Victor Cattoni @48--

There is no loyalty between zero-sum nations.

Absolutely correct. There can only be One Winner.

Whatever is left of Europe will be heavily dependent on America, making it a de facto colony.

Completely disagree. The Little People won't allow that to occur.

China's trade route to Europe is going to be a lot less profitable due to the loss of independence and economic destruction.

The fate of BRI into Europe is completely up in the air as much of it depends on disposable income. But as Crooke writes and b seconds, the Economic Class is also the Political Class and has seen where blindly following the diktat of NATO/Outlaw US Empire has led to disaster. At first my thought was it would take a generation to heal and rebuild Europe's relations with Russia, but I'm now second guessing that since the coming tsunami of political change will alter the landscape and relations.

John Cleary @49--

The Fed doesn't need to be "put back in its box;" it needs to be decommissioned and its powers returned to the US Treasury from where they were stolen in 1913. From there, the former regional Fed banks ought to become regional public banks with a network of branches spreading nationwide that will compete and eventually destroy the current private banking system. Who/whom would perform such a deed is the question. The coming Depression within the Empire as in Europe will generate a political tsunami that will open the way for that issue to become part of the political discourse.

Posted by: karlof1 | Mar 7 2022 16:36 utc | 65

@28 Jon

In English, you do not suicide yourself, as you do in other languages. In English, you commit suicide.

There is also the passive version, to be suicided /sarc. Just ask Jeffrey Epstein or any number of people who came into contact with the Kennedy assassination!

Posted by: echelon | Mar 7 2022 16:40 utc | 66

Germany is supposed to be the role model for renewable energy

Posted by: Brendan | Mar 7 2022 15:35 utc | 32

Yeah right, just like Tesla, by pushing the problem out to the power stations and make it someone else's issue does not make you green.

If they're so green then why all the butt hurt over gas and oil now?

The US and its poodle UK suckered the EU into pushing her stack into the middle, Vlad gave a smile and saw the raise. Its now time for EU to show its shitty hand.

Let's see it!

...Or will it flip the table over and go down fighting?

As long as russia can export to friendly countries, may be even with a discount, the Global South will be gorging itself with popcorns.

Posted by: A.L. | Mar 7 2022 16:40 utc | 67

https://www.moonofalabama.org/2022/03/to-punish-russia-the-liberal-order-attempts-to-suicide-itself.html?cid=6a00d8341c640e53ef02942f9d38c6200c#comment-6a00d8341c640e53ef02942f9d38c6200c

Surely you know Norway's sovereign wealth fund is the largest in the world and about to get largest. Looking at their list of assets I was amazed at the global scope and range.

Posted by: Opport Knocks | Mar 7 2022 16:40 utc | 68

OT, but --

Time to move to Kalingrad

Posted by: Andrew | Mar 7 2022 16:24 utc | 56
Kaliningrad. Renamed for Mikhail Kalinin.

Posted by: malenkov | Mar 7 2022 16:43 utc | 69

There is also the passive version, to be suicided /sarc. Just ask Jeffrey Epstein or any number of people who came into contact with the Kennedy assassination!

Posted by: echelon | Mar 7 2022 16:40 utc | 66


As far as I can tell, no dictionary accepts the passive use of the verb, and I can imagine there will be considerable pressure to keep it that way.

Posted by: malenkov | Mar 7 2022 16:44 utc | 70

Rus MoD gives a short brifing (in Russian) with it's interpretation of the documents seized in Ukraine about biological pathogens, and about some historical observations of disease outbreaks in "3rd world countries", Ukraine, Romania and others.

https://www.youtube.com/watch?v=QG2W1HfyX8s

P.S. i still mantain that what was said amounts to interpretations and plausible suspicions, but not evidence yet. MoD gives this briefing a correct, reserved title: "on results of [our] analyzis of documents seized in Ukraine" and that is way to go, i hope journos, reporting about briefing, would not turn it into yet another clickbait fest.

Posted by: Arioch | Mar 7 2022 16:46 utc | 71

Peter AU1--

Thanks for providing the "Meeting with representatives of the flight crew of Russian airlines" on the previous thread. It signaled me to try again to get through to the Kremlin website and I got to that page. Now to see if the same is true for the Lavrov interview. I rely on those primary sources, so not having access to them hurts what I do.

IMO, I deem it very important to think/discuss what rolling NATO back to its 1997 status will entail, for that was Russia's most important security demand. And given the nature of NATO's reaction to the Ukraine operation, that will become Russia's next priority.

Posted by: karlof1 | Mar 7 2022 16:47 utc | 72

karlof1 | Mar 7 2022 16:06 utc | 45
Yes, agreed. But it has to start somewhere... the sooner the better

Posted by: North Patagonia | Mar 7 2022 16:47 utc | 73

The West's Actions Are Not Accidental

It is pure recklessness and stupidity that have allowed them to take place.

All of what is happening today in Ukraine has been in play since the beginning of the 21st century. It is the West's desire to bring Russia to its knees. It really got ramped up under President Obama when he first removed access of US oil/gas technology from Russia thinking it would help collapse their economy. (A gas station with nucs). This was followed by the coup which would remove Ukraine, (at the time Russia's largest trading partner), again trying to hurt Russia economically. This latest is simply a continuation of the West's desire to cripple Russia and try and bring about regime change.

What b left out of Mr. Crooke's recent article is this:

The purpose to freezing the Central Bank’s reserves was two-fold: First, to prevent the Bank from supporting the Rouble. And secondly, to create a commercial bank liquidity scarcity inside Russia to feed into a concerted campaign over that weekend to scare Russians into believing that some domestic banks might fail – thus prompting a rush at the ATMs, and start a bank-run, in other words.

More than two decades ago, in August 1998, Russia defaulted on its debt and devalued the Rouble, sparking a political crisis that culminated with Vladimir Putin replacing Boris Yeltsin. In 2014, there was a similar U.S. attempt to crash the Rouble through sanctions and by engineering (with Saudi Arabian help) a 41% drop in oil prices by January 2015.

Plainly, last Saturday morning when Ursula von der Leyen announced that ‘selected’ Russian banks would be expelled from SWIFT and the international financial messaging system; and spelled out the near unprecedented Russian Central Bank reserve freeze, we were witnessing the repeat of 1998. The collapse of the economy (as Le Maire said), a run on the domestic banks and the prospect of soaring inflation. This combination was expected to conflate into a political crisis – albeit one intended, this time, to see Putin replaced, vice Yeltsin – aka regime change in Russia, as a senior U.S. think-tanker proposed this week.

Russia is still standing. The West is now lost and that is why the propaganda is at an all time high. The world is shrugging off the last 500 years of European control. If reality is longer as you thought, you can either change your understanding of reality or yell louder. The West is screaming. It is why in Boris Johnson's NYTimes OpEd he states,

Vladimir Putin’s act of aggression must fail and be seen to fail.

If Russia doesn't fail, then the floodgates open as everyone knows there are alternatives to the West's World Order.

Posted by: Douglas Houck | Mar 7 2022 16:48 utc | 74

karlof1

The Lavrov interview was linked in this thread somewhere. Saker has it at his site, also I think the Putin/aircrew meeting.
https://thesaker.is/foreign-minister-sergey-lavrovs-interview-with-tv-channels-rt-nbc-news-abc-news-itn-france-24-and-the-prc-media-corporation-moscow-march-3-2022/

Posted by: Peter AU1 | Mar 7 2022 16:54 utc | 75

John Cleary | Mar 7 2022 16:12 utc | 49 "Doesn't "private finance" rule over everything? Who could possibly have the power to put the Fed back in its box?"

John, there is a theory, advanced often by Tom Luongo over at his blog, that the Federal Reserve represents the interests of Wall Street and that Wall Street opposes the "Great Reset". Many aspects of the Great reset would diminish or destroy the powers of the banks. So the sanctions and SWIFT expulsions of Russian banks was a decision of the Davos controlled politicians. They knew the Feds would oppose the sanctions as they have as much of a chance of hurting our financial interests as Russia's. The overarching idea is that there is not a monolithic power block but several among the elites.

Posted by: Stephen J | Mar 7 2022 16:55 utc | 76

Posted by: drshivago | Mar 7 2022 15:24 utc | 27

Are you certain the blog isn’t sarcastic?

“If Russia is already more than a month behind schedule after only 11 days, President Putin clearly has no chance of succeeding in his objectives.”

After 11 days your absolute maximum is being 11 days behind schedule…

Posted by: Jörgen Hassler | Mar 7 2022 16:55 utc | 77

any voting against Russia is under threat from uncle shmuel so once the shit really hits the fan we'll se how resolute they are

Posted by: ld | Mar 7 2022 16:56 utc | 78

Thanks Boo @ Mar 7 2022 16:27 utc | 58

I should have said, "in the earlier times of the desert fathers," it was the practice in monasteries near the desert" to do this. Different Orthodox have different customs, to be sure, nowadays. Of course, the full Easter litany is given on Easter night, Saturday, after midnight, and then again Sunday afternoon in most churches...but also, (even during Lent,) every Sunday service is itself an Easter service.

Here is the link to Saker's printout of the speech I described above, along with another recent one:

http://thesaker.is/
putin-ukrainian-nationalists-use-civilians-as-human-shields-full-speeches/

Posted by: juliania | Mar 7 2022 17:01 utc | 79

Karlof1 @ 42
One of the benefits of the coming Multipolar world will be the demise of the WEF and its Neoliberal Nazis.

That’s music of the classical kind. Therapuetic.


Posted by: chu teh | Mar 7 2022 16:27 utc | 60
All "money" has value totally dependent on the availability of food, including potable water and usable oxygen.
I.e., if food cannot be had, there is no workable "money". Gold, silver, fiat have no value unless food is available to be consumed to prevent certain death.
Essentially, the first "money was, and remains, food.

Have not ascertained if Prof. Michael Hudson’s latest, a great piece has been shared here. . Discloses " he is chagrined."

The American Empire self-destructs
https://michael-hudson.com/2022/03/the-american-empire-self-destructs/

[.]
The recent escalation U.S. sanctions blocking Europe, Asia and other countries from trade and investment with Russia, Iran and China has imposed enormous opportunity costs – the cost of lost opportunities – on U.S. allies. And the recent confiscation of the gold and foreign reserves of Venezuela, Afghanistan and now Russia, along the targeted grabbing of bank accounts of wealthy foreigners (hoping to win their hearts and minds, along with recovery of their sequestered accounts), has ended the idea that dollar holdings or those in its sterling and euro NATO satellites are a safe investment haven when world economic conditions become shaky. 

So I am somewhat chagrined as I watch the speed at which this U.S.-centered financialized system has de-dollarized over the span of just a year or two. The basic theme of my Super Imperialism has been how, for the past fifty years, the U.S. Treasury-bill standard has channeled foreign savings to U.S. financial markets and banks, giving Dollar Diplomacy a free ride. I thought that de-dollarization would be led by China and Russia moving to take control of their economies to avoid the kind of financial polarization that is imposing austerity on the United States. But U.S. officials are forcing them to overcome whatever hesitancy they had to de-dollarize.

I had expected that the end of the dollarized imperial economy would come about by other countries breaking away. But that is not what has happened. U.S. diplomats have chosen to end international dollarization themselves, while helping Russia build up its own means of self-reliant agricultural and industrial production. This global fracture process actually has been going on for some years now, starting with the sanctions blocking America’s NATO allies and other economic satellites from trading with Russia.For Russia, these sanctions had the same effect that protective tariffs would have had. 

Russia had remained too enthralled by free-market ideology to take steps to protect its own agriculture or industry. The United States provided the help that was needed by imposing domestic self-reliance on Russia (via sanctions). When the Baltic states lost the Russian market for cheese and other farm products, Russia quickly created its own cheese and dairy sector – while becoming the world’s leading grain exporter.
Russia is discovering (or is on the verge of discovering) that it does not need U.S. dollars as backing for the ruble’s exchange rate. Its central bank can create the rubles needed to pay domestic wages and finance capital formation.

The U.S. confiscations thus may finally lead Russia to end neoliberal monetary philosophy, as Sergei Glaziev has long been advocating in favor of MMT.[.]


Posted by: Likklemore | Mar 7 2022 17:02 utc | 80

"A la Alistair Crooke: Germany and the US siding with the New Nazis, well, read 'em and mortally weep. For your own affiliations."
Posted by: elmagnosr | Mar 7 2022 15:29 utc | 31

What the US military is going to say when attending Arlington Memorial this May? - Sorry, guys, we are now with Nazis?

The Holobiz museums also need some revisions, since the Nuland-run Nazification of Ukraine happens to be virtuous! (according to MSM).

Posted by: Cerena | Mar 7 2022 17:04 utc | 81

@ Grieved | Mar 7 2022 16:35 utc | 64

Thank you for the heads up! I am humbled to receive a request like that. I can see it is #47 in that thread. I suffer from too much data and too little time now, I am no longer able to process everything. But, I will indeed have a look now that you mention it!

Posted by: Norwegian | Mar 7 2022 17:09 utc | 82

John Cleary @ 49

There is A Big Club. You ain’t in it.

The Federal Reserve is a working technical subcommittee of The Big Club. Some few members of the Fed may be actual members of The Club, mostly club members do no work and disdain concern with anything technical. Of course full members of The Club can override the Fed.

There appears to be a faction fight within The Club. Maybe. More likely it is just incompetence and bad administration. If this means the dollar goes to zero and numbers of ordinary mortals freeze and starve this might be called a system failure. So what? Remember The Club does not care about you. At all. They do not care about you at all.

Posted by: oldhippie | Mar 7 2022 17:10 utc | 83

“Honestly we need to start having some serious conversation regarding energy policy. No green party BS .. real conversations.”

Energy Policy No Green Party BS

Oil price jumps to >$140 pb

Thx #WallStreetJoe

Fossil Fuel Economic Revival

Saudi stock market records highest closing since July 2006
https://saudigazette.com.sa/article/617648

  • Saudi Stocks a continual rise
  • Asia and European stocks crash
  • Food scarcity by summer as bread, etc doubles in price
  • Inflation will hit the poorest who always are hit by an economic downturn

What is the price the empire and allies are willing to take for the destruction of Russia?

@SquawkCNBC
"They basically told the US oil and gas industry, 'We don't like you. We're going to do everything we can to impede your progress.' People shouldn't be surprised when you send that message that the industry reacts in a certain way," says RCH Energy's Robert Raymond on Biden admin

Biden outwitted by the fossil fuel industry and the Saudis -- ghost of Koch

[Lobby: Coal money in politics]

Posted by: Oui | Mar 7 2022 17:11 utc | 84

@Republicofscotland #57
You have completely missed the point.
Energy prices and what not in the US and EU are not due to any action Russia took.
Russia has not sanctioned natural gas or oil.
It is the US and EU policy makers which have done this to themselves.

Posted by: c1ue | Mar 7 2022 17:12 utc | 85

Thank you, b, for such an excellent summation of western attempts to cut off the branch it has been sitting on. In the first speech of the Saker link I just posted, Putin echoes Kennedy's "Ich bin ein Berliner" in praise of a soldier who has just died in Ukraine, enlarging to concept to include all ethnic groups which are Russia's citizens and soldiers; multipolarity on a human level, not just that of nations, brothers and sisters all, whatever their faith.

My apologies if I have sounded too one-sided. That was not my intent.

Posted by: juliania | Mar 7 2022 17:12 utc | 86

@karlof1 | Mar 7 2022 16:47 utc | 72
There is a video subtitled in English here. It is definitely a must see.
http://thesaker.is/extremely-important-statements-by-putin-must-see/

Posted by: Norwegian | Mar 7 2022 17:13 utc | 87

Posted by: Republicofscotland | Mar 7 2022 16:17 utc | 50

Thanks for linking this interview - conducted on March 3!

Posted by: spudski | Mar 7 2022 17:18 utc | 88

The story planted by NYT "reporter" Anatoly Kurmanaev is fake. No US officials are meeting with Venezuelan government in Caracas. This is probably part of psyops play to divide Russia from Venezuela. They may also be desperate now that the Iran deal isn't looking so promising and now they are scrambling by trying to gauge any type of response from the Venezuelans. The Orinoco Tribune is all over this BS.

https://orinocotribune.com/senior-us-officials-to-meet-with-government-of-president-nicolas-maduro-more-nyt-fake-news/

In a tweet, La Tabla posted: “It is even striking that the anniversary of the executive order—declaring Venezuela an unusual and extraordinary threat—is March 8, but the Joe Biden administration anticipated the renewal and did so five days earlier this year. If the contact with the Maduro government was planned, it could have waited a few hours for the renewal.”


Posted by: NNWO | Mar 7 2022 17:20 utc | 89

Damn! I should have invested in those Wheat Futures...

Hey, Norwegian, I see you like sass kicking ass on your side.

Yes, I noticed your nice little comment to me a couple of threads back.

Posted by: Circe | Mar 7 2022 17:23 utc | 90

Posted by: Circe | Mar 7 2022 17:23 utc | 90

There was a joke today or yesterday: hipsters who chose to mine Bitcoin in 2022 made a poor choice, they'd better be mining wheat.

Posted by: Arioch | Mar 7 2022 17:29 utc | 91

The west did not fail to see the outcome, this war was exactly what they wanted. This was even stated in a white house press briefing. You could argue it was a slip of the tongue, but I don't. USA and it's allies wanted this. This was the exact scenario it wanted.

Posted by: Astuteobservor II | Mar 7 2022 17:33 utc | 92

Arioch | Mar 7 2022 16:46 utc | 71

re your link

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Something my fascist government does not want me to see. After reading a lot of Russian official statements - plausible suspicion sounds the correct though other wording used by Russian MoD makes me think they have some pretty solid intel that a Pentagon bio weapons development and production was underway in Ukraine.
This comes directly after the western populations mostly completed an mRNA vaccination program.
Right at the start, when these vaccines were being pushed so hard I wondered what future release we were being vaccinated against. That's just although that's been in my mind but nothing solid to back it up.
Also it has been noted a number of times how covid is now almost forgotten by the media which has instantly gone into anti Russia information warfare mode, the massive dos attacks against all Russian government sites to make the information Russia puts up inaccessible to the western public.

Perhaps there is a link between mRNA vaccination programs and the pentagon bio program in Ukraine, perhaps not. Will be interesting to see if Russia comes up with solid documented evidence of what the pentagon was up to, or perhaps a few witnesses that were involved in it.

Posted by: Peter AU1 | Mar 7 2022 17:36 utc | 93

An idea I have repeatedly come across on Twitter is that Russia should not only demand payment for oil in gold, but that they should do so at a price of 1000 barrels of oil per ounce of gold. The current oil price of 120 USD/bbl together with the current gold price of 2000 USD/oz implies about 17 bbl/oz.

Now in general, demanding payment in gold would be a way to increase the value of Russia's, China's etc. gold holdings and basically force countries around the world to quickly abandon their dollar and euro holdings in favor of gold (and I am an enthusiastic supporter of this myself). However, 1000 bbl/oz means radically cheaper oil in terms of gold than it is today, not more expensive. Countries would need to acquire less gold for every barrel of oil they need to buy. Why would this be a way to accelerate the gold price's movement upward, and not the other way around? Am I missing something or are they the ones getting it reversed?

(I do not use Twitter and will not be getting an account. That is why I'm asking the question here.)

Posted by: Unnamed | Mar 7 2022 17:44 utc | 94

Excerpt from Putin's latest Security Council meeting, which was apparently televised until the secret session began:

"I have signed a decree awarding Senior Lieutenant Nurmagomed Engelsovich Gadzhimagomedov the title of Hero of Russia – unfortunately, posthumously. In battle, he confidently commanded his fighters, like a real commander of his subordinates. Having already received a serious wound, he fought to the last and blew up the militants and himself with a grenade. He took this step because he understood who he was dealing with – neo-Nazis who abuse prisoners and brutally kill them.

"I am a Russian person, and, as they say, I have Ivana da Maria in my family. But when I see examples of such heroism as the feat of a young guy Nurmagomed Gadzhimagomedov - a native of Dagestan, a Lak by nationality, our other soldiers, I want to say: I am a Lakets, I am a Dagestani, I am a Chechen, an Ingush, a Russian, a Tatar, a Jew, a Mordvin, an Ossetian ... It is simply impossible to list all of the more than three hundred national groups and ethnic groups of Russia – I think you understand me – but I am proud that I am part of this world, part of the mighty, strong, multinational people of Russia.

"At the same time, I will never give up my conviction that Russians and Ukrainians are one people, even though some of the inhabitants of Ukraine were intimidated, many were dumbed down by Nazi nationalist propaganda, and some consciously, of course, followed the path of the Banderaites, other Nazi henchmen who fought on the side of Hitler during the Great Patriotic War." [My Emphasis]

Trying to divide Russians using "the Nationality Question" is continuously tried and continues to fail. The latest attempt being Ukraine. Putin's sentiments will have an affect on the coming territorial alterations Ukraine will experience. But aside from the current military disposition, it's very difficult to tell how that will pan out. After relating the trials of civilians being hindered from using evacuation corridors, Putin makes the following very important point:

"And even worse, neo-Nazis treat their own citizens, their own population. As I have already said, they hide behind people as a human shield. Our military also note such facts when in the cities of the people's republics of Donbass - Severodonetsk, Lysychansk, and others - residents of apartment buildings are driven into the middle floors of buildings, and in the lower floors windows and walls are broken, heavy equipment is exposed there, guns, tanks are driven away, machine guns and snipers are placed on the roofs and on the upper floors.

"Only the fascists fought so, so inhumanely treated the civilian population, when the Soviet troops fought with them, including liberating the territory of Ukraine." [My Emphasis]

And earlier Putin said this sort of tactic is the same as was done in Syria, implying it's an SOP (Standing Operational Procedure) made by the NATO training forces, which as you see deliberately conflates them with fascists/Nazis. Putin continues:

"I repeat, our soldiers and officers are trying to prevent civilian casualties and, unfortunately, they themselves suffer losses.

"It is our duty to support the families of our fallen and wounded comrades-in-arms who fought for the security of the Fatherland, for our people, for the people of Russia."

Putin then details the special insurance and economic benefits families of the fallen will receive, benefits NATO never authorizes for its servicemembers.

There's a very good reason why opinion polls are up. Although war is being waged on traditional Russian land, it's being prevented from spreading further East, propelled by the West's vile Russophobia that differs little from what was paired with Plan Ost. IMO, many Russians are aware of ZB's plan to divide Russia into thirds, which is also the same as Plan Ost.

Posted by: karlof1 | Mar 7 2022 17:46 utc | 95

Also, in answer to Boo, I have a clear memory about a television program during USSR days that covered Orthodoxy in various cities - in Moscow a resident said 'as long as there is an icon in one corner, our faith remains' and in Rumania a monk said that he gives the Easter greeting constantly to everyone - even his chickens. Different strokes for different folks ;)

I did, however, a few years back, greet icon painters from Russia on the last Sunday of the Easter season with the Easter greeting...and they were offended. I repeat, I do not intend to offend anyone, particularly on this day of all days. My apologies, Boo.

Posted by: juliania | Mar 7 2022 17:46 utc | 96

The “West” isn’t committing suicide. The US is intentionally throwing Europe under the bus.

As Martyanov explained it

Here is Waldemar Herdt, former member of Bundestag, speaks to Vladimir Solovyov (sadly only in Russian) and admits that Germany is not a sovereign country and that German "elites" are overwhelmingly a product of the US "educational" (a euphemism for being brainwashed) programs and that Germany right now is in the split position.

Make no mistake, I do sympathize with average Germans but it is what it is. Both poll and spineless German political "elite" WILL sell Germany to the United States and, as Biden said himself, NS2 will be eliminated. As Herdt admits in horror--that will be the end of Germany's chemical industry, which will be the end of Germany's manufacturing. This is precisely what the United States desires above all.

Obviously, the most optimal outcome for the US would be a good scale European War in which Russia would destroy EU and the United States then, pretending to be the savior of the West, will make a shitload of money and save own declining economy by helping to "restore" Europe.


The Main Motif

Posted by: Down South | Mar 7 2022 17:47 utc | 97

too scents | Mar 7 2022 14:25 utc | 3

"46700. Ouch! for EV batteries."

An Austrian lithium mining company had its eyes on the lithium deposits in east and central Ukraine ... Ooooops.

Posted by: Arfur Mo | Mar 7 2022 17:48 utc | 98

@89 I can certainly see Washington offering to lift sanctions on Venezuela if Maduro condemns the Russian action.

Posted by: dh | Mar 7 2022 17:52 utc | 99

No heavy crude, no diesel...

No diesel, no economy.

Look out, Venezuela... You may be next on the invasion list.

Posted by: A10Warthog | Mar 7 2022 17:55 utc | 100

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